$MOODENG #Analysis
1. Binance Alpha Listing & Volume Surge
o Inclusion in Binance’s Alpha program kicked off a 50% price rally, underlining PvP-style hype events BeInCrypto.
o Daily trading volume spiked beyond $1 billion on CoinGecko data, demonstrating deep liquidity CoinGecko.
2. On-Chain Stickiness
o Exchange outflows of $3.5 million over seven days indicate whales are withdrawing tokens to hold, a PvE hallmark crypto.news.
o A 440% jump in futures open interest to $125 million shows new positions opening (bullish accumulation) rather than short covering BeInCrypto.
3. Technical Outlook
o MOODENG broke above a bull flag and maintains a golden cross (50-day EMA above 200-day), signaling continued uptrend potential crypto.news.
o However, extreme overbought RSI readings warn of a possible cooldown before further gains
#NewsTrade futuretrading #short #StrategyTrade
